Before installing a home solar system Georgia, you must-have an investment for it as the entire electric appliances of your housework are on it. It helps in lowering the utility bills to the most significant level. Further installing panels can also not pollute the environment. But the most important thing is that you have enough investment if you want to install it for the entire house.
Therefore you have to search for reliable companies and look for the several things that determine the price of the panels. These are the size of the system, the total usage of electricity, and amount of sunlight. The design and the tax components are combined to decide the price. The details of all these things are given below:
Factors determining the cost of home solar system Georgia
The Size of the System
First, determine how many solar panels you require or how many panels your roof can accommodate. For instance, a typical rooftop solar system in the United States is five-kilo watt or 20 250- watt panels. Data on overall system prices are primarily in the number of direct current watts and the panel’s total wattage.
Average home energy utilization:
How much electricity your house utilizes is the main factor that determines the size of the system. Every solar installer will ask for your electric bill that assists in calculating the energy consumption.
Amount of sunlight
How much energy your system can generate will rely on how much sunlight your home receives in your area.
Elements in your home solar system Georgia
The usual solar energy system comprises the following elements;
Solar Panels
Polycrystalline and Monocrystalline are the two primary panels on the market. Their working is similar, but monocrystalline has a more efficient appearance, higher proficiency rating, and a higher price.
Invertors
Inverters convert the direct current power generates by solar panels into the alternating current administration, which your house or business will utilize.
Racking
Solar panels are not installed on your roof- in its place; they go onto a racking system mounted on your top. The racking system serves two functions: It permits your solar panels to be set at the optimal tilt, and even the slope of the roof is different, and the second, it evades damage to the top.
Batteries
Solar power storage lets house owners utilize solar energy that their homes produce when sunlight is absent, such as on cloudy days and nights.
Performance monitoring system
The performance monitoring system facilitates the interface for monitoring your system’s work. These systems usually come as a web-based application where you can log in and observe real-time historical generation data.
Solar Installer Company
The success of your solar investment is highly affected by the company you select to install your system. Choosing the wrong Choosing company can lead to performance problems and cannot provide a return on investment. Ask various home solar system Georgia for quotes and compare them with their feedback and equipment utilized.
Solar Incentives, Tax credits, Rebates
Federal ITC
The federal solar investment tax credits (ITC) are one of the most generous global incentives. With tax credits, the amount you pay in taxes is decreased by twenty-six percent of your solar system’s total price.
Georgia Solar Incentives
Many states and municipalities provide solar incentives that can further decrease your total price. The solar company should clearly explain your eligible programs and how much money you can save.
Payback Period
The length of the time it takes your energy savings to offset the beginning investment is known as the payback period. The average payback period in the home solar system in Georgia is nine years. After passing this mark, the amount you have saved on the electricity should have paid for the price of your system. The twenty to thirty-year warranty often covers solar panels, so you will enjoy immaculately and mostly free electricity well after you hit this mark.
Rates of Electricity in Georgia
Georgia residents pay an average of ten cents per kilowatt-hour. This is nine percent lower than the national average of eleven cents per kWh. By covering your home’s entire electrical needs with solar energy, you will eradicate future electricity bills. Keep the twenty-year life span of solar panels in mind; this amounts to substantial savings over time.
Average Price of solar panels relies on the size of the system
| Size of System | Cost of System | Cost After ITC |
| Four Kilo watt | $10,800 | $7,992 |
| Five Kilo watt | $13,500
|
$9,990 |
| Six Kilo watt | $16,200 | $11,988 |
| Seven Kilo watt | $18,900 | $13,986 |
| Eight Kilo watt | $21,600 | $15,984 |
| Nine Kilo watt | $24,300 | $17,982 |
| Ten Kilo watt | $27,000 | $19,980 |
Ending Notes
It’s more complicated than buying a car to figure out how much solar panels will cost for your house. Investing in solar power requires some planning and research. The most accurate way to figure out how much it will cost to install solar panels on your Georgian home is to request quotes from home solar system Georgia. We advise you to give three free quotes from reliable, regional solar companies. Going solar will be a wise choice if the math adds up.
